DOWNLOAD FULL REPORT (PDF) Continuing the high activity trend of 2021, July 2021 brought the total number of commercial sales to 295, a 62% increase over this time in 2020 and a 45% increase over the 6-year average. All sectors are trending above their respective 6-year averages in total number of transactions and total dollar volume transacted. A total of $489mm has been...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1334 Florida St Price: $1,250,000 ($240 / SF) Buyer: Kayden Properties LLC Elifin's Notes: Mississippi-based investor purchases an Exxon branded gas station in Mid-City. 4422 Hwy 19 Price: Withheld Buyer: Boing Holdco, Inc Elifin's Notes: A North Carolina-based investor purchases Zachary car wash. Price withheld. 300 Wooddale Blvd Price: $1,950,000 ($43 / SF) Buyer: Hebert...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8966 Interline Ave, Suites D, E Price: $218,000 ($73 / SF) Buyer: Golden Holdings LLC Elifin's Notes: Two office suites sell in the Lacour De L'Ecrevisse Office Condominium off Interline Ave. 3541 Hwy 19 Price: $220,000 ($116 / SF) Buyer: Grace of God Christian Center Elifin's Notes: Grace of God Christian Center...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4610 Bluebonnet Blvd Price: $1,125,000 ($203 / SF) Buyer: Janera Holdings, LLC Elifin's Notes: Investor purchases office building at the Elms at Bluebonnet office park. 9373 Baringer Foreman Rd Price: $2,021,276 ($192 / SF) Buyer: Higher Grounds Holdings, LLC Elifin's Notes: Multi-tenant office building in Barringer Block sells. 5399 Mancuso Lane Price: $6,270,000 ($563...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 10528 Kentshire Ct Price: $931,000 ($148 / SF) Buyer: Restic Companies LLC Elifin's Notes: Local investors purchases office building off Bluebonnet Blvd south of the Perkins Rd intersection. 7911 Wrenwood Blvd Price: $700,000 ($120 / SF) Buyer: GAB Properties LLC Elifin's Notes: The owner of Mesh Advertising purchases office building in the...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 4983 Bluebonnet Blvd Price: $757,000 ($216 / SF) Buyer: Team Smith Properties LLC Elifin's Notes: Local real estate agent purchases office building in the Magnolia Courts Office Park. 11919 Sunray Ave (Units C and D) Price: $100,000 ($37 / SF) Buyer: Rood's Real Estate LLC Elifin's Notes: Local investor purchases two office...
DOWNLOAD PDF OF PRESS RELEASE July 15th, 2021 - Baton Rouge, LA – Mark Segalla and the Elifin Realty Multifamily Division are proud to announce Signature One Apartments and Signature Two Apartments are now available for sale. Both complexes, located in Mid City North on Prescott Road and W Brookstown Dr, have recently been completely renovated and revitalized by the current owner...
DOWNLOAD FULL REPORT (PDF) Through June 2021, the commercial sales market continues to outpace the previous six years in total number of sales and dollar volume. There has been a total of 255 commercial property sales recorded so far in 2021, at a dollar volume of over $415 million. These numbers exceed the previous highs of 2018 and represent a...
A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 601, 603 Spanish Town Rd Price: $1,020,000 ($170,000 / Unit) Buyer: Dupree Apartment Holdings LLC Elifin's Notes: The Dupree Apartments located in the Spanish Town Historic District sell to a local investor for $170,000 per unit. 7423 Picardy Ave, Suite D Price: $135,000 ($135 / SF) Buyer: Kwame Buabeng Elifin's Notes: Medical...
DOWNLOAD PDF OF PRESS RELEASE July 7th, 2021 - Baton Rouge, LA – The Yard Milkshake Bar, operated by local franchisees Marc & Tracy Couvillion, has announced a grand opening date of Friday, July 9th at 12:00pm (noon) for their new location at Highland Park Marketplace in Baton Rouge. Located in Suite 408 at Highland Park Marketplace, The Yard Milkshake Bar is...